Economy: Page 77
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NAHB endorses 137 Congressional candidates in push to make housing policy a priority
The association criticized Congress for its inattention to residential construction as the country faces a shortage of affordable housing inventory.
By Hallie Busta • Nov. 7, 2016 -
Construction employment climbs to 8-year high as firms add 11K jobs in October
The biggest chunk of job gains came from companies in the nonresidential private sector, which have continued to struggle to find qualified workers.
By Emily Peiffer • Nov. 4, 2016 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Zillow: Black, Hispanic borrowers twice as likely to be denied mortgages
Throughout the past century, the homeownership gap between white and black households has remained about the same.
By Hallie Busta • Nov. 4, 2016 -
Deep Dive
10 construction-related state ballot initiatives to watch
Right-to-work laws, big bonds, the allocation of infrastructure dollars, legalized marijuana and the country's first carbon tax are all on the table this election.
By Hallie Busta • Nov. 4, 2016 -
Home prices climb in major US metros as inventory stays tight in Q3
The most expensive markets remain in the West, according to the National Association of Realtors' measure of U.S. metro home price growth.
By Hallie Busta • Nov. 4, 2016 -
Boston's Copley Place tower on hold amid luxury apartment surplus, high construction costs
Some see developer Simon Property Group's decision to put the 52-story tower on hold as a sign that the city's high-end residential market is slowing down.
By Kim Slowey • Nov. 3, 2016 -
2015 NYC construction starts surged to $4.6B — the highest level since 2009
The healthcare and school construction sectors buoyed institutional starts in the city last year, according to the New York Building Congress.
By Kim Slowey • Nov. 3, 2016 -
Union-led program brings housing investment to the Rust Belt
The initiative, funded primarily through the AFL-CIO Housing Investment Trust, aims to spur economic activity and improve the housing stock.
By Hallie Busta • Nov. 2, 2016 -
Nonresidential, public sectors drag construction spending down 0.4% in September
However, the Commerce Department's upward revision of previous results offers a more positive overall picture for the industry.
By Emily Peiffer • Nov. 1, 2016 -
Home prices continue to climb in September, as buyers and sellers remain wary
Home values have doubled in last 5 years, according to the latest CoreLogic Home Price Index.
By Hallie Busta • Nov. 1, 2016 -
ABC: Construction unemployment rate improves in 32 states, nationally in September
However, a softening in nonresidential hiring could indicate a slowdown in construction activity ahead.
By Kim Slowey • Nov. 1, 2016 -
Deep Dive
Is e-commerce taking a 'huge bite' out of the retail construction sector?
While the warehouse segment is booming, construction firms report that brick-and-mortar building and new renovations are slowing as more shoppers buy online.
By Kim Slowey • Nov. 1, 2016 -
NAR: Single women, first-timers show renewed homebuying potential in 2016
Factors including a strong job market and "renter fatigue" are pushing many young adults into the housing market.
By Hallie Busta • Nov. 1, 2016 -
Redfin: Consumers don't expect home prices to ease anytime soon
High housing prices are making the trade-up process for existing homeowners a challenge.
By Hallie Busta • Oct. 31, 2016 -
ABC: Nonresidential construction made 'lackluster' contribution to GDP in Q3
Even with increased office and hotel building, nonresidential construction has failed to spur growth in the U.S. gross domestic product.
By Kim Slowey • Oct. 31, 2016 -
Deep Dive
Top 10 real estate trends for 2017
The annual report from the Urban Land Institute and PricewaterhouseCoopers emphasizes the prevalence of new technology and evolving client preferences.
By Emily Peiffer • Oct. 31, 2016 -
US homeownership rate inches up in Q3
Of the 1.1 million households formed during the third quarter, more than half were owners.
By Hallie Busta • Oct. 28, 2016 -
Montgomery County Planning Commission
20 hottest housing markets in October
California leads Realtor.com's monthly ranking of the most active real estate markets.
By Hallie Busta • Oct. 28, 2016 -
Zillow: Renters head to smaller markets — but can supply keep up?
Cities like Nashville, TN, and Raleigh, NC, are seeing an influx of new renters in search of low rents and strong economic activity.
By Hallie Busta • Oct. 28, 2016 -
PulteGroup: What millennials want when buying a home
Hint: Much the same as previous generations, according to a survey of the homebuying behavior of older millennials with above-average incomes.
By Hallie Busta • Oct. 28, 2016 -
NAR: Strong demand in South, West drives pending home sales up 1.5% in September
Tight inventory conditions remain a challenge to stronger growth in the housing market.
By Hallie Busta • Oct. 27, 2016 -
Redfin: Housing demand hits 3-year high in September
However, tight inventory must loosen to maintain the current rate of sales.
By Hallie Busta • Oct. 27, 2016 -
Where do home utilities cost the most?
As housing prices continue to climb, other costs related to homeownership carry greater weight for purchasing decisions.
By Hallie Busta • Oct. 27, 2016 -
McKinsey report spells out potential solutions for CA's housing affordability problem
Half of households in the state can't afford the cost of housing in their local market.
By Hallie Busta • Oct. 27, 2016 -
New home sales rise 3.1% in September while inventory tightens
Uncertainty as to the direction of the housing market's recovery continues.
By Hallie Busta • Oct. 26, 2016
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